18.07.2019 - “While many investors don’t like gold as an asset class given that it doesn’t provide any yield, at one point it may be a necessary portfolio diversifier especially when bonds of developed economies no longer provide a reasonable return,” wrote Hussein Sayed, chief market strategist at brokerage FXTM about Dalio’s comments.

09.07.2019 - “Gold traders are undecided about keeping prices sustainably above $1,400, even as bullion endures its steepest moves since 2016,” said Han Tan, market analyst at FXTM, in a note. “Safe haven assets are expected to hold less appeal should the Federal Reserve step back from its easing stance.”

02.07.2019 - “A sense of optimism over both sides finding a middle ground on trade is likely to distract market players away from geopolitical risk factors. However, given how the implemented tariffs are denting global growth and still remain unresolved—nothing much has changed,” wrote Lukman Otunuga, research analyst at brokerage FXTM. “With the underlying factors weighing on investor confidence still in play, this illusion of market stability may be tested as the second half of 2019 gets under way,” he said.

15.05.2019 - “With Donald Trump playing down trade tensions between the U.S. and China as a ‘little squabble,’ there is cautious optimism that both sides will eventually reach a trade deal, with investors potentially looking at the G-20 meeting in Japan next month as a possible target for a breakthrough in trade relations,” said Han Tan, market analyst at FXTM, in a report.

10.05.2019 - “Dollar bulls were nowhere to be found today despite the United States increasing tariffs on $200 billion worth of Chinese goods,” wrote Lukman Otunuga, research analyst at FXTM. “The dollar’s weakness could also be based on the fact U.S. inflation figures for April disappointed market expectations by cooling 0.3% month-on-month.”

09.05.2019 - “Having already breached the $1,290 level this week before moderating, bullion may surge past that level once again, in the event that negotiations in Washington break down and higher US tariffs kick in,” wrote Han Tan, market analyst at FXTM, in a Thursday research note.

29.04.2019 - Han Tan, market analyst at FXTM, said uncertainty may linger over how strict the waivers will be imposed on Iran oil sales and “whether other producers, like Saudi Arabia and the United Arab Emirates, will be able to fill the void of a reported 1 million barrels of oil a day by the time the waivers expire.” They end on May 2.

19.04.2019 - “The recent stream of better-than-expected data, including the surprise narrowing of the U.S. trade deficit in February, have prompted upward revisions to U.S. Q1 GDP forecasts, due a week from today. Further signs that the world’s largest economy is experiencing a cushioned slowdown, could help boost the greenback, as economic conditions in other major developed countries remain fragile,” wrote Lukman Otunuga, research analyst at FXTM.

16.04.2019 - “With lingering concerns over slowing global growth, US-China trade developments and Brexit among the many other geopolitical risk factors straining sentiment, the options for equity bulls look limited,” said Lukman Otunuga, research analyst at FXTM, in a daily research note.

11.04.2019 - Our call of the day, from Hussein Sayed, chief market strategist at broker FXTM, agrees, as he says it’s time for investors to start holding Wall Street itself responsible for further stock market gains. “The boost provided to equity markets from the shift in central banks seems to be exhausted with the S&P 500 standing 1.7% away from an all-time high. Investors hoping for an interest rate cut may not see one coming any time soon, suggesting that they shouldn’t continue betting on monetary policy to push equities further,” he told clients Thursday.

05.04.2019 - “It is becoming increasingly more concrete and clear that both sides want to secure a deal, given the positive rhetoric from the respective governments, hence optimism is advancing that the outcome of a signed trade deal is moving towards a matter of ‘when’ and not ‘if,’” said Lukman Otunuga, research analyst at FXTM, in a note, regarding U.S.-China talks.
“This rhetoric is highly encouraging for investors and fueling their appetite for riskier assets, which means good news for global stocks, emerging markets and potentially oil as a consequence of improved risk appetite,” he said.

02.04.2019 - “While gold has the potential to sink further in the near term, the medium to longer term outlook remains in favor of bulls,” said Lukman Otunuga, research analyst at FXTM, in a note.
“Geopolitical risks in the form of Brexit, uncertainty over U.S.-China trade talks and a dovish Federal Reserve are likely to continue supporting gold,” he said.
Otunuga said gold is likely to test support near $1,280 in the near term, while a break back above the $1,300 level is needed to persuade bulls to “jump back into the game.”

29.03.2019 - “The latest rejection of Theresa May’s deal has created another element of uncertainty over Brexit, at a time when investors are desperately seeking clarity,” said Lukman Otunuga, research analyst at FXTM, in emailed comments.
“With today’s result giving the U.K. until April 12 to announce a new plan, fears of a no-deal Brexit are likely to mount. The pressure for a second referendum or general election is only going to grow after Theresa May’s deal got rejected for a third time,” Otunuga said.

25.03.2019 - “Pushed-back U.S. interest-rate expectations will be enough to fuel some unwinding of dollar positions from a greenback that remains at historically high levels, and the immediate reaction will be that this benefits the likes of the euro and the Japanese yen ,” wrote Jameel Ahmed, global head of currency strategy and market research at FXTM, adding that a weaker buck also brought opportunities in gold and emerging markets.

26.02.2019 - “The chances of delaying Brexit are increasing day by day, with a recent report in the Telegraph indicating that May is considering delaying the process for up to two months, As long as the U.K. doesn’t crash out of the EU without a deal, the pound is likely to continue holding near $1.30s in the near term,” said Hussein Sayed, chief market strategist at FXTM.

06.02.2019 - “While the precious metal is seen extending losses in the near term, bulls still remain in control in the medium to longer term,” said Lukman Otunuga, research analyst at FXTM, in a note. “For as long as global growth fears weigh on market sentiment and expectations mount over the Fed taking a break on rate hikes this year, gold will continue shining.”